Goldman Sachs is forecasting a much more difficult year for stocks in 2020, and says it's going to do serious damage to Apple and several other tech and consumer discretionary companies.
David Kostin, the firm's chief US equity strategist, says Apple could drop 35% this year as momentum fades. He also thinks its earnings growth in the next few years looks relatively unimpressive.
Kostin calls for a sell-off of 20% or more in 10 stocks, and six are in the consumer or tech sectors.
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